Automatic Tolling System Market Scope and Analysis Report by 2028
Automatic Tolling System Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 7.62 Billion |
Market Size by 2031 | US$ 12.66 Billion |
Global CAGR (2023 - 2031) | 6.6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Automatic Tolling System Market News and Recent Developments
The automatic tolling system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the automatic tolling system market are listed below:
- India to soon launch GPs-based toll collection. Union ministry announced that GPS-based toll collection systems will replace existing highway toll plazas in the country. Road, Transport and Highways minister announced that transition will occur as early as April this year. (HT Auto Company Website, June 2024)
Automatic Tolling System Market Report Coverage and Deliverables
The “Automatic Tolling System Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Automatic tolling system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Automatic tolling system market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Automatic tolling system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the automatic tolling system market
- Detailed company profiles